Financial Frictions: Macro vs Micro Volatility
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- Lee, Seungcheol & Luetticke, Ralph & Ravn, Morten O., 2021. "Financial frictions: micro vs macro volatility," Working Paper Series 2622, European Central Bank.
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- Yujie Yang & Chenxing Zhang & Wenwen Hou, 2024. "CBDC, cash, and financial intermediary in HANK," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 23(3), pages 383-420, September.
- Francesco Ferlaino, 2024. "Does the financial accelerator accelerate inequalities?," Working Papers 538, University of Milano-Bicocca, Department of Economics.
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More about this item
Keywords
Business cycles; Financial frictions; Incomplete markets; Macroprudential policy; Monetary policy;All these keywords.
JEL classification:
- C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Bayesian Analysis: General
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BAN-2021-05-31 (Banking)
- NEP-CWA-2021-05-31 (Central and Western Asia)
- NEP-DGE-2021-05-31 (Dynamic General Equilibrium)
- NEP-FDG-2021-05-31 (Financial Development and Growth)
- NEP-MAC-2021-05-31 (Macroeconomics)
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